Tuesday, January 7, 2014

Gentlemen, choose your statistic!

Good news! Health spending as a share of the economy is shrinking.

Funny how the story I heard on the supposedly "liberal" NPR this morning seemed to say the opposite.

Of course it's all a matter of what statistic you look at: nominal health care costs in terms of inflation, vs. health care expenditures as a percentage of GDP.

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